Landec Corporation (LNDC) restates 1QFY13 financial to report an increase of $2.9M in fair value of Windset Holdings. The company understated the recorded value of its Windset investment, and the related investment income, by $2.9 million, thus impacting net income by $1.8M, or $0.07/share. Shares +4% AH. (PR)

Landec (LNDC+4.2%) shares pop after the developer of polymer products for the food and agriculture industries announces the acquisition of GreenLine Foods for $63M in cash with no assumed debt. The company increases revenue guidance to reflect the acquisition.